Ann: Catalyst increases exposure to gold price, page-3

My read of this release is that the legacy hedge book from the superior gold idiots who could have run a tier 1 mining operations ina tier 1 jurisdiction but preferred the money now so sold out their shareholders to junior for 30 pieces of silver, I mean $5mm Cash, is now paid off, however, for some reason in the meantime in spite of cyl not needing the money, junior has hedged another 8500 ozs gold with friends and family at $500 per oz below current market price so cyl got mark to market loss of $4.5 mm AUD on juniors trade which shareholders will see on next quarterly. Junior and the rest of these bod jokers got no shame. Very embarrassing.